Prime Pacific Palisades Development Opportunity with incredible ocean views. A Rare Opportunity to create your dream home in the highly sought-after Palisades! This expansive 12,697 sq. ft. lot offers ample space for your vision. Previous structure was a +/- 3,000 sq ft mid-century home + ADU (total square footage unknown). Debris removal is under way by U.S. Army Corps of Engineers! Clean up will be done in 2 weeks, army corp scheduled in 1 week, with est completion in 2 weeks. Ocean View property on street formerly lined with $10M+ properties. Zoned R1-1, this lot provides the flexibility to rebuild through an expedited process or pursue a larger build with city approval. Under current Los Angeles rebuilding regulations, you are permitted to increase your property’s original square footage by up to 10% when reconstructing after fire damage. With Pacific Palisades undergoing significant transformation, this property is an exceptional opportunity for developers, builders, or investors looking to capitalize on one of LA s most desirable coastal locations. Offers welcomed.
Property Details
Price:
$2,999,999
MLS #:
25515045
Status:
Active
Baths:
0
Address:
816 El Oro Lane 4419001022
Type:
Land
Neighborhood:
c15pacificpalisades
City:
Pacific Palisades
Listed Date:
Mar 21, 2025
State:
CA
ZIP:
90272
Lot Size:
12,671 sqft / 0.29 acres (approx)
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- Address816 El Oro Lane 4419001022 Pacific Palisades CA
- AreaC15 – Pacific Palisades
- CityPacific Palisades
- CountyLos Angeles
- Zip Code90272
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816 El Oro Lane 4419001022
Pacific Palisades, CA
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